Blue Biofuels (BIOF) announce the signing of an agreement to acquire 35.5 acres of land in Frostproof, Florida, marking a significant milestone in the company’s commercialization efforts. The site will house a production facility designed to produce an initial 3 million gallons of biofuel annually. The infrastructure and available land can support future expansion to 100 million gallons per year of cellulosic ethanol and 100 million gallons per year of Sustainable Aviation Fuel.
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